On the role of technology shocks as a source of business cycles: Some new evidence

Journal of the European Economic Association

Volumn 2, Issue 2-3, 2004, Pages 372-380

  Galí, Jordi ^a  

^a UNIVERSITAT POMPEU FABRA   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 20444507183     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/154247604323068069     Document Type: Article

References (11)

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2. Blanchard, Olivier J. and Lawrence H. Summers (1986). Hysteresis and the European Unemployment Problem. NBER Macroeconomics Annual 1986. MIT Press.
3. Christiano, Lawrence, Martin Eichenbaum, and Rob Vigfusson (2003). What Happens After a Technology Shock? NBER Working Paper, No. 9819.
4. Fagan, Gabriel, Jerome Hanry, and Ricardo Mestre (2001). An Area-Wide Model (AWM) for the Euro Area. ECB Working Paper No. 42.
5. Fisher, Jonas (2002). Technology Shocks Matter. Working paper, Federal Reserve Bank of Chicago.
6. Francis, Neville and Valerie Ramey (2003). Is the Technology-Driven Real Business Cycle Hypothesis Dead? Shocks and Aggregate Fluctuations Revisited. NBER Working Paper No. 8726.
7. Galí, Jordi (1999). Technology, Employment and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations? American Economic Review, March, 249-271.
8. Galí, Jordi, David Lopez-Salido, and Javier Valles (2003). Technology Shocks and Monetary Policy: Assessing the Fed's Performance. Journal of Monetary Economics, 50, 723-743.
9. McGrattan, Ellen (1994). The Macroeconomic Effects of Distortionary Taxation. Journal of Monetary Economics, 33, 573-602.
10. Uhlig, Harald (2003). What Moves Real GNP? Working paper, Humboldt University.
11. Uhlig, Harald (2004). Do Technology Shocks Lead to a Fall in Total Hours Worked? Journal of the European Economic Association, 2, 361-371.